Best ERP Software for Healthcare
Which ERP systems are used by hospitals, private healthcare companies and healthcare providers? What are the best healthcare ERP systems?
At ERP Research we provide independent advice and analysis for healthcare ERP systems.
Top 10 ERP Software for Healthcare Report
Compare the Top 10 ERP systems for the healthcare industry in our independent report. We compare the best ERP solutions for healthcare companies including Netsuite, SAP, Oracle, Workday, Microsoft, Odoo and more.
Best Healthcare ERP for Small & Midsized Businesses
ERP software for small ecommerce companies needs to cater for flexibility and growth, whilst keeping costs as low as possible. Which are some of the most popular ERP systems for small and medium sized healthcare businesses?
Oracle Netsuite has been selected as the chosen ERP solution of many small and midsized healthcare companies. Netsuite ERP features integrated capabilities for healthcare companies including finance, human resources, billing, asset management and CRM and sales order management.
SAP Business ByDesign
SAP Business ByDesign is a Cloud ERP solution which is used by many companies in the healthcare industry. With strong integrated functionality plus localizations in more than 80 countries, SAP Business ByDesign caters for growing healthcare companies without huge investment.
Sage Intacct is well suited to organizations in the healthcare space due to its focus on billing and people centric business processes. As a Cloud ERP solution, Sage Intacct provides financial management, billing and human resources with a low up front investment.
SAP Business One
SAP Business One has been selected as the chosen ERP solution of many small and midsized healthcare companies. SAP Business One ERP features integrated capabilities for healthcare companies including finance, human resources, billing, asset management and CRM and sales order management.
Odoon is a Cloud ERP solution which is used by many companies in the healthcare industry. With strong integrated functionality plus localizations in more than 80 countries, Odoo caters for growing healthcare companies without huge investment.
Acumatica is well suited to organizations in the healthcare space due to its focus on billing and people centric business processes. As a Cloud ERP solution, Acumatica provides financial management, billing and human resources with a low up front investment.
Best Healthcare ERP for Growing & Large Enterprises
ERP for healthcare companies that are already well established brings more functionality and greater flexibility. Below are popular ERP systems for pharmaceutical companies that are matured:
Workday has become a popular choice for large and growing healthcare organizations looking for ERP capabilities including billing, financial management and best of breed human resources in one place. The vendor focusses on customer satisfaction and a slick user interface.
Microsoft Dynamics 365
Microsoft has heavily invested in its Healthcare Industry Cloud in recent years and this extends the core capabilities of Microsoft Dynamics 365 to add healthcare industry specific capabilities to its ERP offering which covers sales, finance, operations, service and more.
Oracle ERP Cloud
Oracle ERP Cloud is used by some of the largest and longest standing healthcare organizations in the world to manage the back office of their organizations including accounting & financials, human resources and more in one integrated Cloud ERP platform with healthcare specific capabilities.
SAP S/4 HANA
SAP S/4 HANA is a popular healthcare ERP solution for large and growing healthcare organizations from hospitals to private healthcare companies and beyond. This Healthcare ERP solution is expandable with HRIS, CX and supply chain modules.
Healthcare ERP Project Resources & Templates
ERP Implementation Project Plan Example
Plan your Healthcare ERP project with our ERP project plan example.
ERP Requirements Gathering (RFI, RFP) Template Excel
Start your ERP evaluation process with our RFI & RFP Excel template for the engineering industry.
Top Healthcare ERP Modules
ERP systems for healthcare companies should allow you to reap many benefits, including unification of your front and back office processes:
Accounting and Financials
Ensure profitability across your facilities and brands by integrating core financials and accounting with your healthcare ERP modules.
Ensure spend compliance and economies of scale with ERP for the healthcare industry procurement modules.
Manage assets across your healthcare organization, whether fixed assets or by leveraging IoT within your healthcare ERP system.
Monitor stock and inventory across multiple locations and perform real time valuations in healthcare ERP software.
Reporting and dashboards
Get a consolidated picture of your healthcare organization with inbuilt reporting & analytics for your healthcare ERP solution.
Monitor and control the lifecycle of medicines and other regulated products and services with traceability functionality in your healthcare ERP.
Automate expenses requisitions and approvals for your sales team or R&D team within your ERP system.
Review your customer service history and provide better cross-selling, up-selling and post-sale customer support to help deliver products more accurately.
Track & plan sales pipeline, score leads, prospects and forecast opportunities in real-time across territories, accounts and teams.
Integrate your production processes if your healthcare organization engages in manufacturing or reworks, right in your ERP solution.
Flexible ERP software that's built on an open and extensible foundation, allowing you to choose the features that suit your business needs.
Access your ERP data at any time so you're more available to customers and take advantage of unexpected opportunities as they surface.
Updates and maintenance
Backed by the consistency of market-leading vendors, ERP software regularly updates to ensure an optimal user experience.
Connects customers, partners, and employees through real-time digital relationships to improve the way you do business.
Frequently Asked Healthcare ERP Questions
What is Healthcare ERP?
Healthcare ERP systems are used by hospitals, clinics, private healthcare institutions and healthcare and wellbeing providers. Healthcare ERP software typically provides a mixture of functionalities and ERP modules which can include financial management and accounting, procurement, human resources, sales and billing, asset management, business analytics and reporting, data management, integration management, robotic process automation, clinical management, patient management and much more.
What is the best ERP for Healthcare companies?
Healthcare ERP systems are becoming increasingly popular and therefore a number of ERP vendors provide ERP for healthcare, including SAP, Oracle, Workday, Netsuite, Sage and more. Determining the best healthcare ERP system can take time, but to get started, review our best ERP for healthcare highlights above.
How does ERP software help Healthcare companies?
Healthcare ERP systems enable those in the hospital and medical space to run their businesses more efficiently by streamlining business processes. This is done chiefly by putting all core business data and processes into one ERP system for the healthcare industry.
How much does Healthcare industry ERP cost?
Healthcare ERP software has multiple costs including healthcare ERP license costs, implementation and support. The cost of healthcare ERP will depend on which ERP software you select as well as your implementation scope, business size and complexity. Costs can start at anywhere from $10,000 to $10M for larger healthcare institutions. Once your healthcare ERP system has been implemented you also need to consider ongoing costs which can include internal support costs and support costs to ERP implementation partners for support and maintenance.
How long does it take to implement healthcare ERP?
Implementing healthcare ERP can take anywhere from 6 weeks to several years. This often depends on the size of your healthcare company, the healthcare ERP you choose, the scope of your project and other complexities.
Find & Compare ERP Software for the Healthcare Industry
Use our free tool to find and compare the market leading ERP software and solutions for pharmaceuticals. See how ERP system solutions including Netsuite, Epicor, Infor & SAP stack up against the competition.